Internap Acquires Cloud Hoster Voxel

Data Center Knowledge (Jan 3 2012) Cloud Computing

1. Internap Network Services has acquired hosting provider Voxel Holdings in a deal that will boost the company’s cloud computing offerings and expand its base of small business customers. The all-cash transaction, which closed Dec. 30, is valued at $30 million, with an additional $5 million in sweeteners tied to the delivery of specific objectives during the next two years. Voxel is backed by Seaport Capital, which invested $5.5 million in the company earlier this year. Voxel is based in New York and offers hosting services atop an automation platform called VoxSTRUCTURE. Its services include on-demand physical and virtual cloud servers, a global content delivery network (CDN), and a full suite of managed services. The company hass more than 1,000 customers and 50 employees. (Read Full Article)

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